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2007 Falkland Islands 20th Anniversary of Fishery Coin

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allgoldcoins ( 6096)
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Item number:310173729329
Item location:SEVENOAKS, United Kingdom
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Falkland Islands 2007 20th Anniversary of the Fishery Coin

2007 Proof Sterling Silver 20th Anniversary of the Fishery Coin

 

• Special release from the Falkland Islands
• Celebrating 20 years of Conservation
• One of very few coins to depict a Squid

2007 Proof Sterling Silver 20th Anniversary of the Fishery Coin

In 1987 a Fisheries Conservation Zone was introduced around the Falkland Islands and to commemorate the 20th Anniversary in February of this year, the Falkland Islands Government has approved the release of a special coin. The introduction of this managed fishery enabled fishing licence fees to be levied and these fees have transformed the economic fortunes of the Falkland Islands. Before the Conservation Zone was introduced the annual revenue collected by the Government was around £5 million, but in 1989 this had risen considerably to £29 million. A total of £420 million has been raised from fishing license fees in the first 20 years. The design on the coin features a single squid. Go fish mad and add this coin to your collection.

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